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Yacht salvage is a complex field that intertwines legal, environmental, and practical challenges. While the subject was a topic for a podcast in our first season, that episode led to more in-depth questions--as did the subsequent sinking iof the superyacht Bayesian. Therefore, in this episode, we explore notable incidents, including that of the Bayesian, and the layers of responsibility and coordination crucial for effective salvage operations with the legendary salvor Nick Sloane.
A former president of the International Salvage Union, Nick learned early lessons during his first major operation on a Spanish tanker in 1983. He gained further expertise thanks to the staggering complexities of one of the most high-profile cases in modern times, specifically the Costa Concordia salvage, Ever wondered what it takes to tackle marine emergencies and avert disaster in trying to raise a yacht or other vessel? You're about to find out. Nick shares captivating stories and profound insights that reveal the layers of responsibility, coordination, and quick decision-making required.
This episode explores the procedural and legal intricacies that make or break a yacht salvage operation. Dive into a riveting case where quick action saved a sunken yacht, and unravel the challenges of lifting these colossal vessels from the depths. Learn about how mitigating environmental damage became significantly more important following yet another high-profile salvage. Additionally, you'll hear straight from Nick why mastering buoyancy and preserving structural integrity, all the while monitoring weather windows, is just as crucial.
Join us for an eye-opening discussion that underscores the essential role of skilled salvors in protecting both the environment and financial assets.
Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.
Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.